NOTICE OF ADMISSION TO OFFICIAL LIST

The following securities have been admitted to the Official List of the Channel Islands Stock Exchange with effect from the time and date of this notice.

The listing of the following securities takes effect from 04 May 2012 at 08:00. 

Guaranteed Investment Products 1 PCC Ltd - Protected Cell 228
82,080 guaranteed participating redeemable preference GBP0.000001 shares
ISIN - GG00B7LM3377

The total number of guaranteed participating redeemable preference GBP0.000001 shares now listed on the Exchange is 1,049,702.

The application was sponsored by Mourant Ozannes Securities Ltd.

END OF ANNOUNCEMENT